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TFN Fall Cleaning

Today's Financial News - Posted August 24, 2009

It’s time to clean out those stagnant stocks taking up space in your portfolio (APC, RSX, UUU, GTCB, CMCSA).

The TFN Team, TodaysFinancialNews.com

Baltimore (TFN): Periodically, we suggest TFN readers sell off some of our free recommendations that we think are stuck in investment purgatory.

Time to get out of the following positions:

Anadarko Petroleum Corporation (NYSE:APC)
05-20-2009 Recommendation
We thought M&A activity would boost Anadarko shares, but nothing so far has happened. We’re up almost 20% on this stock since May – take the gains.

Market Vector Russia ETF (NYSE:RSX)
05-21-2009 Recommendation
Russian stocks looked headed for a nice recovery mid-year, but instead, they’ve stalled. Take the double-digit gains on RSX.

Uranium One, Inc. (TSE:UUU)
06-15-2009 Recommendation
Uranium failed to take the leap we anticipated as a “green” energy resource. Drop your shares.

GTC Biotherapeutics Inc. (NASDAQ:GTCB)
02-17-2009 Recommendation
When GTC received FDA approval for a product earlier this year, we thought it was just the beginning. Now, it looks like it was beginning to the end for this biotech. We’ve held on hoping for a buyout but it’s time to cut loose any shares you might still have.

Comcast Corporation (NASDAQ:CMCSA)
01-22-2009 Recommendation
Comcast’s share price has done nothing but swing up and down all year. Let’s drop it while we’re ahead.


Next Article: Taking profits on El Paso Electric Company (EE) and Total S.A. (TOT)

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Posted by Laura Cadden · Filed Under Investment Strategies 

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